Whales with a lot of money to spend have taken a noticeably bearish stance on Vale. Looking at options history for Vale (NYSE:VALE) we detected 8 trades. If we consider the specifics of each trade, it is accurate to state that 37% of the investors opened trades with bullish expectations and 62% with bearish. From the overall spotted trades, 6 are puts, for a total amount of $1,028,420 and 2, calls, for a total amount of $84,420. Projected Price TargetsAfter evaluating the trading volumes and Open Interest, it’s evident that the major market movers are focusing on a price band between $10.0 and…